ERC Calculations

For small businesses facing the economic difficulties caused by the COVID-19 pandemic, the Employee Retention Credit (ERC) has become a valuable source of support. Unlike traditional forms of financial aid like loans and grants, the ERC offers a tax credit option that is easily accessible and open for both 2020 and 2021.

ERC Services plays a crucial role in assisting businesses with crucial financial aid, thereby allowing them to maintain their workforce and enhance their economic sustainability. To be eligible for the ERC program, companies must satisfy specific qualifying conditions and meet prescribed criteria. However, this credit is accessible to all businesses, irrespective of their size, industry, or annual revenues, as long as they meet the qualified wages criteria.